REDBANK PLAINS 
1 MIN READGovernment Extends Home Guarantee Scheme With 40,000 New Places
The dawn of the new financial year has brought with it an expansion of the Home Guarantee Scheme, with the Albanese gove...
Read More
MarcoolaMarcoola - SUBURB PROFILE REPORT
SHARE 
Property investments in MARCOOLA fare well against the rest of the country last year, registering a median home price increase of 49.42%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains MARCOOLA, 4564 saw average growth in the long term.
Real estate investors could earn a rental income of $620 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 42.2 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $1,162,500.
MARCOOLA ranks 677th on the list of best yielding suburbs for rental properties in QLD, posting a 2.77% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,162,500 | $565,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.68% | 9.92% |
| Median 12 month | 49.42% | 33.73% |
| Median 3 years | 92.15% | 54.79% |
| Median 5 years | 97.03% | 81.09% |
| 10 years average annual | 11.79% | 6.54% |
| Weekly media advert. rent | $620 | $465 |
| Time on Market | 42.2 days | 49.1 days |
| Gross Rental Yield Percent | 2.77% | 4.28% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
